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Somalia: war and the implications for gas and oil

by / Comments Off / 162 View / 11th July 2014

SOMALIA: EU and UK mediation key to stability; serious implications for oil and gas  sector and development programmes

London, July 10, 2014 : With war in Somalia’s disputed territories now a real possibility for the first time  since 2007, stability in the north east is likely to depend once again on the mediation and political leverage of the country’s key international donors, in particular the EU and UK, say Edinburgh International, the leading global security risk management consultancy, in its latest Somalia: Security Briefing.

Serious implications exist for oil and gas firms in the disputed territories, as security concerns return. Recent attacks on the President reaffirm the capability of militants to hit high-profile targets across the city, and further attacks can be expected before Eid al Fitr on 29 July. For foreign organisations, these challenges are likely to translate into an increased risk of IED attack and small arms fire to transits, particularly when passing through the city’s embattled military positions.  Edinburgh International believe there is also a risk that key donors, such as the UK’s DFID, will reconsider fund allocation to development programmes, particularly in the event of a serious escalation in the fighting, and should the Somaliland government fail to desist from future provocation.

Mogadishu and the lower Shabelle re-emerged as the centre of Al Shabab activity this week, as militants staged successive high profile attacks against FGS installations and government employees to mark the start of their annual Ramadan campaign.

 

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